pullback
- noun
- /ˈpʊlˌbæk/
- UK
- It is on these pullbacks that you can get long (buy) at the bottom of the trading range rather than at the top.
Examples
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The elegant pullback held the curtains neatly to the side, allowing the sunlight to flood the room.
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The market streaked higher, then fell apart, but unlike 2008, our primary trend indicator stayed bullish, indicating to us that it was safe to buy the pullback.
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So far, I would term this recent drop as only a typical minor pullback.
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On a more severe pullback, you will see the 50-day come into play.
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A quick and easy method I use to buy stocks on pullbacks is to use moving averages.
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On a serious pullback, you'll see stocks start to hit their 200-day moving average.
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Speaking for myself, I'd much rather rely on history, which tells me that even in the greatest of bull markets, big scary pullbacks occur.
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She adjusted the pullback to let more light in while enjoying her afternoon tea.
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To create a warm atmosphere, they used a colorful pullback to hold the drapes open.
Synonyms
A cord in clothing or a bag you pull to make the opening smaller
A ribbon or band that holds curtains open at the sides
Surface Forms
Morphology
Etymology
Pullback comes from the simple words pull and back, which mean 'to move something toward the rear', and a pullback for curtains is the cord or band that literally pulls the fabric back to hold it open.